NOT LISTED FOR SALE

1608 Lake Shore Dr Gladstone, MI 49837

Estimated Value: $857,500

-- Bed
6 Baths
4,096 Sq Ft
$209/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $175,000 $43 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $4,938/month

489 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Laundry Facilities
  • Shed
  • Hot Water Heating System

About This Home

As of September 2019

Continued units: 7 1 bdrm 1 bath H E W included Rent $440 8 1 bdrm 1 bath H E W included Rent $440 9 1 bdrm 1 bath H E W included Rent $440 9 Unit Apartment Building on Lake Shore Drive in Gladstone. There are cement tunnels under building to access plumbing and electrical. Separate detached garage stores items left by some tenants, these are included in sale. There is a large storage shed included. All Stoves and Refrigerators in each apartment are included. Currently there are some MSHDA tenants renting. Seller also mentioned he has many long term tenants, and has little to no vacancies. Just had City of Gladstone Inspection March 2018. *Qualified buyers only Please. *Owner will be present for showings, min. 48 hour notice required. The following times are when it can be shown: Saturday or Sunday:Any Time Monday: Afternoon only Tuesday thru Friday: Noon til 2pm or after 7pm

Last Agent to Sell the Property

Patty Menard

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 04/13/2018

Last Buyer's Agent

Patty Menard

PREMIER REAL ESTATE, INC. License #UPAR Listed on: 04/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 1949

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 110.40x280

Parking

  • 1 Car Detached Garage

Utilities

  • Hot Water Heating System
  • Internet Available

Additional Features

  • 1-Story Property
  • Shed

Community Details

  • 9 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 052-150-019-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,187

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Sub Structure Types: Shed
  • Total Tax Year: 2017
  • Year Built: 1949
  • Mail City: Gladstone
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Estimated Sq Ft: 4096

Exterior Features

  • Lake Name: Little Bay de Noc
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 052-150-019-00
  • Lot Dimensions: 110.40x280
  • Acreage: 0.53
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

Multi Family

  • Total Units: 9

MLS Schools

  • School District: Gladstone Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Sep 6, 2019
Sold by
Cmg Ii Llc
Bought by
Happy Rock Properties Llc
Seller's Agent
Patty Menard
PREMIER REAL ESTATE, INC.
Buyer's Agent
Patty Menard
PREMIER REAL ESTATE, INC.
List Price
$199,500
Sold Price
$175,000
Premium/Discount to List
-$24,500
-12.28%
Current Estimated Value
$857,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,500

Purchase Details

Closed on
Nov 16, 2009
Sold by
Boutilier Raymond Gordon
Bought by
Cmg Ii Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Happy Rock Properties Llc $175,000 --
Cmg Ii Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $175,000 -12.3% $43 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
04/13/2018 04/13/18 For Sale $199,500 -- $49 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,187 $103,500 $0 $0
2024 $2,829 $89,200 $0 $0
2023 $2,829 $81,800 $0 $0
2022 $1,322 $44,600 $0 $0
2021 $4,336 $73,100 $0 $0
2020 $4,339 $69,400 $0 $0
2019 $4,334 $71,800 $0 $0
2018 $4,439 $92,900 $0 $0
2017 $2,026 $77,300 $0 $0
2016 $4,183 $70,500 $0 $0
2014 -- $71,500 $0 $0
2013 -- $78,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071967

Upper Peninsula Association of REALTORS®

APN: 21-052-150-019-00